Filing for Bankruptcy in Nordegg, Alberta
Thinking about declaring bankruptcy in Nordegg? No matter the level of debt you have, your local MNP LTD. Licensed Insolvency Trustee can offer you solutions. Every year, thousands of Canadians turn to us to help them get through various types of financial difficulties -- and you can rely on us too.
Our local MNP LTD. office in Red Deer has informative and highly recommended professionals with experience in filing for bankruptcy who work and live in your area. Don’t allow debt to consume your life. You have options; discover them with MNP LTD. today.
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What is your best course of action?
A legal process that can help free you from most of your debt is filing for bankruptcy in Nordegg. It is regulated by the Bankruptcy and Insolvency Act. Step one is to contact your nearest
To determine the best course of action, think about your current financial situation.
- Spending more than you earn?
- Facing legal action, such as garnishment?
- Using credit cards for necessities?
- At risk of losing credit card privileges?
- Receiving harassing collection letters or phone calls?
- Stressed out due to financial problems?
If this sounds like you and you are experiencing some or all of the above, contact us today.
We offer the most effective solution for your situation
The consumer proposal is a process that helps you pay off your entire debt or an agreed upon portion, either monthly or within a specific period of time (up to a maximum of 5 years).
Depending on the amount of debt you have, it may be possible for you to contact your creditors directly and negotiate a lower interest rate or a repayment schedule that works for you.
Debt consolidation allows you to pull all your debt into one primary monthly repayment which can be repaid to multiple creditors.
Under the Orderly Payment of Debt (OPD) program the court consolidates your loans and pays your unsecured creditors in three or more years at an interest rate of 5% per annum.
The first thought people have when confronted with debt problems is filing forbankruptcy. There are of course many alternatives that may be more suitable for your situation. Together, we can work out a solution that's best for you.